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Southern Company - SO STOCK NEWS

Welcome to our dedicated news page for Southern Company (Ticker: SO), a resource for investors and traders seeking the latest updates and insights on Southern Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Southern Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Southern Company's position in the market.

Rhea-AI Summary
Southern Company reports third-quarter earnings of $1.4 billion, or $1.30 per share, in 2023 compared with $1.5 billion, or $1.36 per share, in 2022. For the nine months ended September 30, 2023, earnings were $3.1 billion, or $2.86 per share, compared with $3.6 billion, or $3.38 per share, in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
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-
Rhea-AI Summary
Clay Ryan has been elected senior vice president of External Affairs for Alabama Power, succeeding Zeke Smith who retired after 40 years. Ryan will be responsible for Governmental Affairs, Corporate Affairs, and Charitable Giving. He previously served as the senior vice chancellor for External Affairs for the University of Alabama System and chaired the Governmental and Regulatory Affairs practice group at Maynard Nexsen. Ryan holds a Bachelor of Arts from Birmingham-Southern College and a Juris Doctor from the University of Alabama School of Law. He is recognized in the Birmingham Business Journal's Top 40 Under 40 and Yellowhammer News' Power & Influence 50. Ryan is also involved in various boards and organizations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.68%
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none
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Rhea-AI Summary
Fort Moore and Georgia Power, a Southern Company subsidiary, have partnered with Southern Company to install 63 electric vehicle chargers at 23 locations on the base. The project is expected to be complete by Q1 2024. Georgia Power was awarded a task order to provide a turnkey EVSE solution using the General Services Administration Areawide Contract. The project supports the Army's goal of having all non-tactical vehicles be EV by 2035.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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none
Rhea-AI Summary
Georgia Power files update to its Integrated Resource Plan (IRP) to support economic growth and meet energy demand. The plan includes deployment of new generation resources, expansion of renewable energy, battery energy storage systems, and new power plants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
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none
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Rhea-AI Summary
Southern Company issues its 2022 Sustainability Summary report, highlighting its commitment to serving customers with clean energy and investing in communities. Key takeaways include a 46% reduction in greenhouse gas emissions, industry-leading reporting of emissions, and $120 million in community investment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
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none
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Rhea-AI Summary
The U.S. General Services Administration (GSA) has signed a Memorandum of Understanding (MOU) with Southern Company to develop carbon pollution-free electricity (CFE) options for federal facilities in Southern Company's service territories. This collaboration aims to achieve the federal government's sustainability objectives outlined in President Biden's Executive Order 14057. Southern Company has a goal to reduce emissions by 50% by 2030 and reach net-zero greenhouse gas emissions by 2050. The partnership will explore various CFE solutions, including solar, battery storage, nuclear power, on-site generation, and clean hydrogen technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
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none
Rhea-AI Summary
Southern Company and Novelis Inc. announce plans to partner on decarbonization efforts, with a focus on Novelis' new Bay Minette plant in Alabama. The plant aims to be carbon neutral for scope 1 and 2 greenhouse gas emissions and will receive renewable energy from Alabama Power's Renewable Subscription Program. The partnership will also explore technologies to reduce carbon emissions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
partnership
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Rhea-AI Summary
Southern Company Gas announces the addition of Bradley J. Henderson and Eric S. Smith to its board of directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
management
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Rhea-AI Summary
Southern Company appoints Shantella Cooper as an independent director
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
management
Rhea-AI Summary
Fort Moore and Georgia Power partner with Southern Company to install 63 electric vehicle chargers at 23 locations on the base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
none
Southern Company

NYSE:SO

SO Rankings

SO Stock Data

74.99B
1.09B
0.15%
66.33%
1.46%
Other Electric Power Generation
Utilities
Link
United States
Atlanta

About SO

Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.